(HBO) – Hoa Binh province is estimated to have about 300 newly-established businesses in the first nine months of 2017, up 51 percent compared to the same period of 2016. The new firms have registered a total capital of 3.96 trillion VND, 2.66 times higher than last year.
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Single-window division of the
provincial Department of Planning and Investment at the province’s Public
Administrative Centre creates good conditions for organisations and individuals
to register business.
The province also made amendments to
business registration certificates for 420 companies. As many as 90 firms
suspended operation while 10 enterprises had their business registration
certificates revoked and 282 others have been deleted from the list of
businesses operating in the locality.
It also completed plans for equitising the road
management agency of the provincial Department of Transportation and the
state-owned Cao Phong Bio-fertilizer Factory, managed by the Department of
Science and Technology.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
